Jun 2, 2016

Uber Turns to Saudi Arabia for $3.5 Billion Cash Infusion (Well, we already know who owns Uber right? Uber raised US$1.6 billion in convertible debt from wealth management clients of Goldman Sachs Group Inc. Three highprofiles investment bankers left GSG for Uber. Now Saudi Arabia comes to to make a quick buck or two. Then, EU throws support behind 'sharing economy' firms like Uber, Airbnb...Capitalism is greed and privilege and socialism is slavery..) - June 2, 2016


 
"Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind and greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA." -Gordon Gekko; Wall Street, 1987


http://www.nytimes.com/2016/06/02/technology/uber-investment-saudi-arabia.html


http://venturebeat.com/2015/01/21/goldman-sachs-confirms-1-6b-investment-in-uber/


http://www.cityam.com/229513/the-grass-is-always-greener-three-goldman-sachs-investment-bankers-leave-for-uber

http://www.reuters.com/article/us-eu-services-idUSKCN0YO12I